Bitcoin Depot Announces Multi-Million Dollar Investment from Fund for 250 BTMs Through Profit Share Program

April 12, 2024

https://www.globenewswire.com/news-release/2024/04/12/2862184/0/en/Bitcoin-Depot-Announces-Multi-Million-Dollar-Investment-from-Fund-for-250-BTMs-Through-Profit-Share-Program.html

ATLANTA, April 12, 2024 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ:BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced an outside investment firm has committed a multi-million-dollar investment into 250 Bitcoin Depot BTM kiosks as part of the Company’s profit share program. The BTMs, operated by Bitcoin Depot, will provide passive income to the investment fund by paying out a percentage of monthly profits from these 250 kiosks. In addition to the 250 BTMs included in the initial agreement, the Fund has the option to invest in an additional 750 kiosks.

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